Cedarwood Companies Break Ground on Blue Heron Preserve, Expanding Proven Multifamily Success in Florida
Cedarwood Development has broken ground on Blue Heron Preserve, a 240-unit apartment community and the final phase of the three-part Blue Heron Living Community in Bradenton. With completion scheduled for spring 2027, the project builds on Cedarwood’s proven record of delivering high-demand, master-planned multifamily communities across the country.
The first two phases, Blue Heron Creek and Blue Heron Lakes, established the community as a leading renter-by-choice destination on Florida’s Gulf Coast. Preserve completes that vision, uniting all three properties into one interconnected community where residents enjoy shared access to a robust collection of resort-style amenities. In total, the community will house 696 units, making it one of the largest luxury apartment communities in the market.
“This final phase completes a vision unlike anything else on Florida’s Gulf Coast,” said Brian Grassa, VP of Multifamily Asset Management at Riverview Management, LLC. “Blue Heron offers the security, exclusivity and amenities that today’s discerning renter-by-choice demands. It is a community designed to live like a private resort.”
Blue Heron’s appeal stems from both its scale and setting. The community spans 116.64 acres, of which more than half has been permanently preserved as wetlands, ponds and greenspace. The result is a rare combination of modern apartment living with a protected natural environment.
Among its many highlights, Blue Heron Preserve will introduce a resident-exclusive food truck court, a multi-sport gaming area and a private events pavilion, additions that strengthen an already extensive amenity package. Current offerings across the community include multiple clubhouses, fully appointed resort style pools with hydrotherapy spas, tennis and pickleball courts, fitness studios, pet parks, outdoor fire lounges and walkable nature trails.
Cedarwood Development and its subsidiaries including Cedarwood Architectural Inc., Tri-C Construction and Riverview Management are actively planning similar multifamily projects in other US Locations, continuing its strategy of developing thoughtfully designed, amenity-rich communities in high-growth markets.
Through its four sister companies, Cedarwood can control the entire development process, from project concept to completion, ensuring clients’ visions are transformed into successful, enduring projects. The company’s diverse portfolio includes multifamily communities (over 2.5 million square feet), senior living communities, hospitality, self-storage, corporate office headquarters and large-scale retail centers.
About Cedarwood Development
Since its founding in 1972, Cedarwood Development has completed more than 25 million square feet of projects in 43 states, making it one of the nation’s most prominent full-service real estate development firms. Cedarwood offers the financial strength and integrated expertise to develop, finance, design, construct, and manage retail, commercial, residential, and specialty projects. For more information, visit https://cedarwoodcompanies.com.

